Housing went up 6.8% since last january alone. I didn't see any news about wages matching so yeah, I think there's a hidden layer of inflation on certain goods/services (housing, healthcare) that just aren't being weighted heavy enough for.
> a typical woman now paid 84 cents on the male dollar<p>How can they claim this if they're not breaking out pay by job title? Comparing all women to all men then saying that women get paid 84 cents on the "male dollar" implies that women are paid less for doing the same job but that data is not included in the report.<p>Edit: If you disagree with this please tell me what I'm missing. I'd really like to understand what this is saying.
Remarkable that $59 an hour puts one in top-5 percent of wages. That corresponds roughly to 120k a year, which is certainly accessible to many software folks.
With a growing gig economy, are we seeing greater variance in wages? Are people getting consistent work or are some months or years better than others?
I'd really love to see this broken down by location (more precisely than just state) and adjusted for CoL (e.g using the GS table).<p>Knowing how supply/input of money has changed over the years is cool and all but you need to know demand/output to reason about the actual impact on quality of life.
"In both comparison periods, both men and women at the 10th percentile saw greater wage growth in states with minimum wage changes versus those without."<p>This is encouraging, but a more useful baseline might be to compare similar state economies that did and did NOT adopt minimum wage increases.
Looking at section two I'm struck by just how much better it is to be at the top, not only are you at the top but you're accelerating upward faster than everybody else too. This is as good a place as any, do you guys have any readings on 'winner take all'-ification and/or how to reverse it?
These "wage decoupling" studies generally make two methodological mistakes.<p>1) They do not include fringe benefits in their calculation of wages
2) They use one inflation measure to adjust for cost changes in productivity over time and a different inflation measure to adjust for cost changes in wages over time.<p>Doing a quick search over their methodology [1], to their credit, I believe EPI avoids mistake #1, but it appears they make mistake #2.<p>Studies which include the complete value of benefits in their calculation of wages and use the same method to deflate both wages and productivity show that there is no "wage decoupling" from productivity.<p>[1] <a href="http://www.epi.org/data/methodology/" rel="nofollow">http://www.epi.org/data/methodology/</a>
Speaking of inflation. Does anyone else get amazon inflation? Every time I go to reorder something the price has gone up by several dollars. (Almost without fail)